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Home » Authors » Namrata Bhatia

Namrata Bhatia

nbhatia@imfpubs.com
Articles

ARTICLES

Bank MSR Values the Highest Since 4Q 2005

August 30, 2022
Namrata Bhatia
At June 30, banks assigned a market value of $47.72 billion to their MSRs, up 8.8% from March...
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Production and Servicing Profits Take a Hit in 2Q

August 26, 2022
Namrata Bhatia
Many publicly traded mortgage companies remained profitable in the second quarter, though earnings were down sharply. (Includes data chart.)
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Banks’ Servicing for Others Steady in 2Q, MSR Values Spike

August 26, 2022
Namrata Bhatia
Rising interest rates increased the fair value of banks’ MSRs in the second quarter but servicing for others was essentially flat. (Includes data chart.)
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Ginnie Default Rate Rises to 4.17% in 2Q22

August 15, 2022
Namrata Bhatia
At midyear, 806,884 mortgages backing MBS issued by the GSEs and Ginnie were delinquent...
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Ginnie Leads Agency MBS Default Rate Up in 2Q22

August 12, 2022
Namrata Bhatia
The overall delinquency rate in agency MBS inched up to 1.97% at the end of June. All of the increase in late payments was seen in the Ginnie Mae program. (Includes data chart.)
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Looser Underwriting Standards Seen in GSE Deliveries

August 1, 2022
Namrata Bhatia
The GSEs are taking in an increasing amount of loans with higher LTV ratios and lower credit scores.
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GSE Sellers Lean Toward Higher-Risk Mortgages in 2Q

July 29, 2022
Namrata Bhatia
Lenders that do business with Fannie Mae and Freddie Mac continued to deliver more mortgages with lower credit scores and higher loan-to-value ratios in the second quarter. (Includes two data charts.)
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Bank/Thrift Retail Originations Plummet

July 6, 2022
Namrata Bhatia
Virtually all the top banks posted dismal results...
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Bank Retail Originations Plummeted in Early 2022

July 1, 2022
Namrata Bhatia
Mortgage-banking origination volume and loan sales among commercial banks and savings institutions declined in the first quarter. The pipeline of future sales also contracted significantly from the fourth quarter. (Includes two data charts.)
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Bank Buybacks Declined in 1Q22, Lender Trends Varied

July 1, 2022
Namrata Bhatia
Overall, banks and thrifts reported a decline in the volume of mortgage repurchases and indemnifications made during the first quarter, but most major institutions saw increases. (Includes data chart.)
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View All Articles by Namrata Bhatia

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